CVE
Cenovus Energy Inc
NYSE: CVE · ENERGY · OIL & GAS INTEGRATED
$28.75
+4.85% today
Updated 2026-04-29
Market cap
$54.04B
P/E ratio
18.20
P/S ratio
1.09x
EPS (TTM)
$1.58
Dividend yield
2.84%
52W range
$11 – $29
Volume
13.9M
Cenovus Energy Inc (CVE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.15B | $11.52B | $13.09B | $16.18B | $17.23B | $18.99B | $20.11B | $11.56B | $11.02B | $17.31B | $21.39B | $20.54B | $13.91B | $48.81B | $71.77B | $55.47B | $57.73B | $49.66B |
| Revenue growth (YoY) | — | -42.9% | +13.7% | +23.6% | +6.5% | +10.2% | +5.9% | -42.5% | -4.7% | +57.2% | +23.5% | -4.0% | -32.3% | +250.8% | +47.0% | -22.7% | +4.1% | -14.0% |
| Cost of revenue | $13.31B | $7.27B | $10.37B | $12.24B | $12.99B | $14.64B | $15.84B | $10.21B | $9.63B | $13.89B | $17.30B | $16.06B | $14.24B | $39.70B | $54.63B | $42.77B | $44.96B | $44.46B |
| Gross profit | $6.85B | $4.25B | $2.72B | $3.94B | $4.24B | $4.35B | $4.26B | $1.35B | $1.38B | $3.42B | $4.09B | $4.48B | $-330.00M | $9.11B | $17.13B | $12.70B | $12.77B | $5.19B |
| Gross margin | 34.0% | 36.9% | 20.8% | 24.4% | 24.6% | 22.9% | 21.2% | 11.7% | 12.5% | 19.8% | 19.1% | 21.8% | -2.4% | 18.7% | 23.9% | 22.9% | 22.1% | 10.5% |
| R&D | — | — | $0.00 | $8.00M | $15.00M | $24.00M | $15.00M | $27.00M | $36.00M | $36.00M | $25.00M | $20.00M | $12.00M | — | — | — | — | — |
| SG&A | $203.24M | $256.00M | $246.00M | $295.00M | $350.00M | $365.00M | $379.00M | $335.00M | $318.00M | $300.00M | $391.00M | $331.00M | $292.00M | $849.00M | $865.00M | $688.00M | $794.00M | $812.00M |
| Operating income | $4.03B | $1.41B | $1.15B | $2.21B | $2.10B | $2.03B | $1.69B | $-363.00M | $-221.00M | $242.00M | $-1.24B | $4.15B | $-2.58B | $3.52B | $10.35B | $5.62B | $5.06B | $4.38B |
| Operating margin | 20.0% | 12.2% | 8.8% | 13.6% | 12.2% | 10.7% | 8.4% | -3.1% | -2.0% | 1.4% | -5.8% | 20.2% | -18.6% | 7.2% | 14.4% | 10.1% | 8.8% | 8.8% |
| EBITDA | $5.63B | $2.93B | $3.07B | $3.93B | $3.80B | $3.43B | $3.57B | $3.36B | $1.06B | $4.87B | $-1.20B | $3.99B | $770.00M | $6.68B | $14.22B | $10.41B | $9.59B | $10.37B |
| EBITDA margin | 28.0% | 25.5% | 23.5% | 24.3% | 22.0% | 18.0% | 17.7% | 29.0% | 9.7% | 28.1% | -5.6% | 19.4% | 5.5% | 13.7% | 19.8% | 18.8% | 16.6% | 20.9% |
| EBIT | $4.03B | $1.41B | $1.77B | $2.63B | $2.21B | $1.59B | $1.62B | $1.24B | $-433.00M | $2.83B | $-3.33B | $1.60B | $-2.69B | $2.36B | $9.54B | $5.76B | $4.72B | $4.94B |
| Interest expense | $265.31M | $244.00M | $467.00M | $426.00M | $434.00M | $499.00M | $427.00M | $353.00M | $369.00M | $619.00M | $595.00M | $349.33M | $375.98M | $1.05B | $812.00M | $723.00M | $649.00M | $466.62M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.88B | $818.00M | $1.08B | $1.48B | $995.00M | $662.00M | $744.00M | $618.00M | $-545.00M | $3.37B | $-2.67B | $2.19B | $-2.38B | $587.00M | $6.45B | $4.11B | $3.14B | $3.93B |
| Net income growth (YoY) | — | -71.6% | +32.2% | +36.7% | -32.7% | -33.5% | +12.4% | -16.9% | -188.2% | +717.6% | -179.3% | +182.2% | -208.4% | +124.7% | +998.8% | -36.3% | -23.5% | +25.0% |
| Profit margin | 14.3% | 7.1% | 8.3% | 9.1% | 5.8% | 3.5% | 3.7% | 5.3% | -4.9% | 19.4% | -12.5% | 10.7% | -17.1% | 1.2% | 9.0% | 7.4% | 5.4% | 7.9% |